Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Due to Seattle’s unrest, billion-dollar investment firm moving to Phoenix
ktar.com ^ | June 22, 2020 | PETER SAMORE

Posted on 06/22/2020 7:14:27 PM PDT by PROCON

PHOENIX — Coronavirus pandemic or not, an investment advisory company is leaving the cultural unrest in Seattle and moving its headquarters to Phoenix’s Camelback Corridor.

” … The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today,” Smead Capital Management, President and CEO Cole Smead told KTAR News 92.3 FM.

Smead said that although taxes in Seattle are lower, candidate recruitment is harder and the cost of living within the city is more expensive than Phoenix.

“We’re hearing rumors of 40-story buildings that will be only 20-percent occupied by October,” Smead said.

“My biggest concern for Seattle was what the business community is going to come back to, and what kind of businesses are going to come back for customers.”

(Excerpt) Read more at ktar.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; US: Arizona; US: Washington
KEYWORDS: businesses; camelbackcorridor; colesmead; mayordurkan; phoenix; rioting; seattle; smead; smeadcapital; unrest
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last
To: Rummyfan
More sunshine that's for certain. But a long way to the shore...

Don't worry.. the "Big One" isn't far off for Southern Calif.

Once that happens they'll all be surfing off the coast of Arizona!

41 posted on 06/22/2020 7:52:23 PM PDT by VideoDoctor
[ Post Reply | Private Reply | To 25 | View Replies]

To: PROCON

Round and round

What goes around comes around


42 posted on 06/22/2020 7:57:22 PM PDT by A_Former_Democrat (See St George's Rap Sheet . . . TAG PedoJoe with "DEFUND the POLICE")
[ Post Reply | Private Reply | To 1 | View Replies]

To: MplsSteve
It sends the message that they like Washington State but that Seattle is a lost cause. By staying in that area, it helps retain their workers.

They're making a clear POLITICAL statement.

They no longer TRUST the political leaders to PROTECT them and to keep law & order.

When you've lost ALL confidence in those things you PULL the PLUG and move on.

This is probably just the beginning of Seattle financially going rapidly BACKWARD.

43 posted on 06/22/2020 7:58:36 PM PDT by VideoDoctor
[ Post Reply | Private Reply | To 36 | View Replies]

To: PROCON

The company’s actions are those of a rational human being, unlike the mayor et al of Seattle. They’re a bunch of raving lunatics.


44 posted on 06/22/2020 8:01:15 PM PDT by EinNYC
[ Post Reply | Private Reply | To 1 | View Replies]

To: adorno

Skeedaddle

Well played


45 posted on 06/22/2020 8:04:38 PM PDT by A_Former_Democrat (See St George's Rap Sheet . . . TAG PedoJoe with "DEFUND the POLICE")
[ Post Reply | Private Reply | To 26 | View Replies]

To: CatOwner
My kid has been on business to the Phoenix several times during the past four years. Said because of the weather most of the people stay indoors and are out of shape. Surprising number of unhealthy people there.

You are very mistaken.

46 posted on 06/22/2020 8:07:04 PM PDT by Irish Eyes
[ Post Reply | Private Reply | To 19 | View Replies]

To: PROCON

Note to Progtard DildoCrat politicians: Get woke, go broke.


47 posted on 06/22/2020 8:08:12 PM PDT by Natty Bumppo@frontier.net (We are the dangerous ones, who stand between all we love and a more dangerous world.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PROCON

Haha, dummies! Get woke, go broke!


48 posted on 06/22/2020 8:10:31 PM PDT by bkopto
[ Post Reply | Private Reply | To 1 | View Replies]

To: A_Former_Democrat

Somebody should write a song:

“Skedaddle from Seattle”


49 posted on 06/22/2020 8:11:21 PM PDT by adorno
[ Post Reply | Private Reply | To 45 | View Replies]

To: Rummyfan
More sunshine that's for certain. But a long way to the shore....

But there is that huge sandy beach stretching for miles.

50 posted on 06/22/2020 8:12:05 PM PDT by PAR35
[ Post Reply | Private Reply | To 25 | View Replies]

To: Seaplaner

“ Nuevo Caracas comes to mind as a contender.”

I’d go with West Chernobyl


51 posted on 06/22/2020 8:14:09 PM PDT by Scott from the Left Coast (That thing you think is privilege is really sweat equity.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: PROCON

But what about social justice?


52 posted on 06/22/2020 8:20:21 PM PDT by bray (Pray for President Trump)
[ Post Reply | Private Reply | To 1 | View Replies]

To: adorno

Hasta Seattle?


53 posted on 06/22/2020 8:22:52 PM PDT by bray (Pray for President Trump)
[ Post Reply | Private Reply | To 26 | View Replies]

To: bray
Hasta Seattle?

Did you mean: "hasta la vista, Seattle"?
54 posted on 06/22/2020 8:25:55 PM PDT by adorno
[ Post Reply | Private Reply | To 53 | View Replies]

To: CatOwner
I get wanting to leave Seattle, but Phoenix? Not exactly stepping up in the world.

Our family moved to Phoenix. We like it very much. No snow. Reasonably priced housing. Reasonable property taxes. Not car hostile (except for the emissions testing). Phenomenal natural wonders only a few hours away in all directions. A convenient airport that flies everywhere. Decent restaurants to cater to every kind of taste and ethnicity. More culturally conservative than most large cities.

For us, it was important that there was a sizable traditional Catholic community and Church, and a good bishop.

Phoenix checked all the boxes, so here we are. If you love snow and four seasons, it may not be for you. If your idea of a great city is its downtown. It also may not be for you.
55 posted on 06/22/2020 8:32:30 PM PDT by Dr. Sivana (There is no salvation in politics)
[ Post Reply | Private Reply | To 5 | View Replies]

To: CatOwner

You must be speaking from ignorance. The Camelback Corridor in Phoenix is primo.


56 posted on 06/22/2020 8:33:22 PM PDT by amihow
[ Post Reply | Private Reply | To 5 | View Replies]

To: CatOwner
Surprising number of unhealthy people there.

Compared to WHERE? I have spent a lot of time in CT, NYC, Chicago, Columbus (GA), Rockford (IL), Madison (WI).

Phoenix compares favorably to all except Madison.
57 posted on 06/22/2020 8:39:42 PM PDT by Dr. Sivana (There is no salvation in politics)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Rummyfan

” Boeing left years ago didn’t they?”

yeah, but they stupidly moved to AlCaponeVille ...


58 posted on 06/22/2020 8:40:26 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: sheehan

“they’ll continue to hold the valuable real estate in the city of course.”

which won’t be valuable anymore if they can’t lease it, though ...


59 posted on 06/22/2020 8:41:51 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 21 | View Replies]

To: who_would_fardels_bear

Deep, complex pun. Well played, sir.

Me: Born and raised in Arizona; BA - History, University of Washington 1978.

Thought I would go nuts from all the rain the first year I attended the UW. (Especially during the perpetually gloomy, damp cold winter months.) But then I “adjusted,” and everything was ... fine.


60 posted on 06/22/2020 8:44:13 PM PDT by Captain Rhino (Determined effort today forges tomorrow.)
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson